Tax year 2016-17 Tax year 2017-18 Personal allowance Personal allowance 7 £11,000 £11,500 Income limit for personal allowance £100,000 £100,000 Income limit for Married couple’s allowance 8 £27,700 £28,000 Marriage allowance Marriage allowance 9 £1,100 £1,150 Married couple’s allowance for those…

Self employed tax return.. Motor expenses : Fixed rate Mileage allowance for self employed. If you are self employed this is a simple way to claim your motor expenses. The rate is fixed by HMRC. You still have to keep a record…

Late tax returns and penalties for UK tax returns online ….  If you miss the deadline for filing your tax return online or paying your bill, you could face harsh penalties. Penalties for filing your tax return late. You will be fined…

The Dangers of DIY Tax Returns …..  More than ever, people are trying to complete their tax returns without the help of a professional accountant. While there is plenty of information available online and on the HMRC website to help, is it really worth…

  UK Tax Return guide.. Here are some of the most common reasons for  filling in a tax return as listed below. Please note that the list is not exhaustive. If you are self-employed you always have to complete a tax return. You are a…

Beware!  HMRC have now made it quite clear that Salons have to charge VAT on Chair Rental to Hairdressers. A common arrangement in hairdressers’ is for the shop owner to rent chairs to other hairdressers instead of employing them as…

Tax return tips for Landlords. People who receive rent or income from land and property in the UK are required to complete a tax return. Therefore the first thing you would need to do is to inform HMRC that you are receiving…

Landlords tax services .. Tax on income from UK Residential Property To register for Self Assessment and receive a tax return to complete, please click on the link below: https://www.gov.uk/government/publications/self-assessment-register-for-self-assessment-and-get-a-tax-return-sa1 How rental income is taxed …and what expenses can I claim…

Late tax returns,  penalties and interest..what happens if you miss the tax return deadline….. The longer you delay, the more you’ll have to pay. So it’s important to send your tax return online to HMRC as soon as you can. Missing the…

Tax Returns – I need help with my tax return Tax can be a very complicated business element. So, if you attempt to fill out the HM Revenue & Customs (HMRC ) documents yourself, but don’t know what you are…